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Netherlands Business Forecast Report Q3 2012

761.44

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Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£761.44

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Market

All Sectors

Report Type

Country Guide

Country

Netherlands

Published

1 July 2012

Number of Pages

29

Report Delivery

Download

Delivery Lead Time

Immediate

Publisher

Business Monitor International

File Format

PDF

The Dutch economy is set to seriously deteriorate in the coming quarters as the eurozone sovereign debt crisis massively weighs on economic activity and confidence levels. While immigration and community cohesion remain controversial issues in Dutch politics, the economy will remain centre stage in 2012. Following parliamentary elections in September, a deteriorating economic outlook will keep the pressure on the next government, especially as the proposed EUR18bn in public savings starts to put pressure on the unemployment rate.

Major Forecast Changes

As the Netherlands has headed deeper into recession, we have revised our 2012 real GDP growth forecast to -0.6%, from a previous forecast of -0.3%. The eurozone sovereign debt crisis is set to weigh on external demand, while the governments commitment to fiscal austerity will further weigh on weak domestic demand. We forecast very tepid growth of 0.6% in 2013, and expect a low longer-term growth trajectory.

Risks To Outlook

Should the eurozone sovereign debt crisis take a turn for the worse in the coming months, we would expect a more pronounced contraction than currently expected to drag on the Netherlands economic growth outlook.

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Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£761.44

Change Currency

GBP EURO USD

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USD

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